Roundtable CEO, James Heckman, confirms US District Court approval of settlement for future merger partner, RYVYL Inc. (NASDAQ: RVYL), eliminating a significant litigation hurdle. The settlement will resolve legacy shareholder lawsuits, with RYVYL completing debt and cost restructuring backed by Roundtable.

Judge Gonzalo P. Curiel grants provisional approval of the settlement, clearing the way for final settlement hearing. RYVYL submits Form 8-K filing and press release, marking progress towards merger. Roundtable CEO Heckman praises RYVYL’s efficiency in cleaning up legacy obligations, strengthening the path to post-merger profitability.

Roundtable’s new CFO, Aly Madhavji, lauds RYVYL’s legal and finance teams for delivering under pressure. The next step for merger readiness is a reverse stock split, planned for approval at the RYVYL shareholder meeting in December. A definitive agreement has been signed between RYVYL and Roundtable, pending shareholder approval and regulatory review.

Roundtable co-founders and strategic partners include industry pioneers like James Heckman and Eyal Hertzog. RYVYL finance, legal, and compliance team will remain with the merged business. Roundtable is a Web3, digital media SaaS platform, offering full-stack distribution and monetization for media and professional brands.

RYVYL Inc. (NASDAQ: RVYL) operates a digital payment processing business, providing solutions for global transactions. RYVYL offers turnkey financial products with enhanced security, identity theft protection, and rapid settlement. Disclosure: Roundtable and affiliates have a financial interest in discussed securities. This article was originally reported by TheStreet on Nov 24, 2025.

Read more at Yahoo Finance: Roundtable’s Investment Secures Court-Approved Settlement for RYVYL, Restructures Debt, Saving Millions in Costs Ahead of Anticipated Merger